Most clubs keep funds for club use -such as purchasing educational materials and equipment for the club.
The membership fees of the club are designed to fund the club’s activities and Toastmasters program, however clubs may also raise funds on a limited basis.
At the beginning of the Toastmasters year, each club should prepare a budget. Club budgets should designate income and expenses. The club members should approve the budget and also any unanticipated expenses incurred throughout the year.
Toastmasters International offer some clear guidelines on what constitutes authorised and non-authorised use of Club funds and also guidelines for fundraising.